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Market commentary 2026/10/15: Low trading liquidity
The market continued to decline amid subdued liquidity, indicating that trading sentiment remained cautious and buying demand had yet to show clear signs of improvement. Although the index fluctuated within a narrow range, selling pressure remained dominant, preventing a meaningful recovery. This suggested that the market still lacked sufficient momentum to establish an upward trend, while correction pressure had yet to fully subside.October 15, 2026

Derivatives 2026/10/15: A new low
The short-term downtrend remains intact. Therefore, traders may reopen short positions in the next session.October 15, 2026

Market commentary 2026/10/14: Market consolidation
The VNIndex extended its losing streak to five consecutive sessions, indicating that cautious sentiment continued to weigh on market performance. In addition, this week marks the expiry of index futures contracts, which may contribute to heightened market volatility and encourage investors to remain cautious about opening new positions. With selling pressure showing no clear signs of easing, the market still lacks sufficient momentum to establish a convincing recovery.October 14, 2026

Derivatives 2026/10/14: Low liquidity
The short-term downtrend remains intact. Therefore, Traders may reopen short positions in the next session.October 14, 2026

Derivatives 2026/10/13: Retest of the Aug 2026 low
The short-term downtrend remains intact. Therefore, traders may reopen short positions in the next session.October 13, 2026

Market commentary 2026/10/13: Early-week weakness
The market remained under pressure, with the VNIndex recording its fourth consecutive declining session, indicating that selling pressure persisted without clear signs of easing. The index continued to face downward pressure, while buying demand remained insufficient to support a sustainable recovery. As a result, the short-term trend remained relatively weak, with no significant signs of improvement.October 13, 2026

Covered warrant 2026/10/13: Cautious sentiment persists
During the week, sentiment in the covered warrant market remained cautious, as the number of warrants declining in price continued to outweigh those advancing. This was consistent with the underlying market, where the VNIndex fell 0.1%, marking its third consecutive weekly decline. The continued weakness suggested that correction pressure remained present, while investor sentiment had yet to show clear signs of improvement.October 13, 2026

Market Trader 2026/10/13: Record-high foreign net selling since the start of the year
Foreign investors continued to record strong net selling during the week, with total net sales reaching VND13.9tn, up sharply by 182.9% from the previous week. This marked the highest level of foreign net selling since the beginning of the year.October 13, 2026

41W26: SBV drains liquidity and USDVND eases
In 41W26, the SBV continued its net liquidity withdrawal for a second week as repo maturities exceeded new issuances. This cash drain pushed short-term interbank rates sharply higher, while longer tenors remained calm amid lower market turnover. Meanwhile, the domestic USDVND exchange rate dropped noticeably, bucking global greenback strength and absorbing heavy foreign net selling, backed by elevated interest rate differentials.October 12, 2026

Chart of the day 2026/10/12: A Bottom Signal?
The downtrend continues in the short term, but reversal signals have emerged. Therefore, investors should observe the market with caution and wait for signals that confirm the reversal before they open new positions.October 12, 2026

Market commentary 2026/10/12: Strong foreign net selling
The market continued to face correction pressure, with the VNIndex recording its third consecutive declining session alongside higher trading liquidity, indicating that selling pressure remained present and showed signs of intensifying. Notably, foreign investors continued to record strong net selling, adding further pressure to overall market performance amid cautious trading sentiment. Against this backdrop, investors should maintain a prudent equity allocation and continue monitoring subsequent market signals.October 12, 2026

Derivatives 2026/10/12: Signs of accumulation?
The short-term downtrend remains intact. Therefore, traders may reopen short positions in the next session.October 12, 2026

Strategic Insight - 10/2026: Imminent market recovery
We believe the market can consolidate and gradually recover in the final months of the year, supported by economic growth. In addition, historical statistics show that the period from the end of one year to the start of the next delivers the best investment returns of the year.October 11, 2026

September 2026: Corporate Bond issuance remained resilient in September
Vietnam’s corporate bond issuance reached VND63,057bn in September 2026, declining 3.4% mom but rising 53.8% yoy, bringing 9M26 issuance to VND431,242bn (+4.6% yoy). Banks remained the largest issuers, accounting for 63.4% of the market (VND39,993bn), followed by real estate at 33% (VND20,800bn). The weighted average coupon increased to 9.8%, with banking and real estate bonds averaging 8.9% and 11.3%, respectively. Issuance continued to concentrate in shorter maturities, with bonds of three years or less representing 59.9% of total issuance.October 9, 2026

Market commentary 2026/10/09: Rising correction risks
The market recorded another declining session as selling pressure remained dominant. Although buying demand was still present, it was insufficient to establish a balance against selling pressure, preventing the index from sustaining its recovery. With buying demand yet to show a more proactive stance and selling pressure not fully alleviated, the short-term market trend remained relatively weak.October 9, 2026

Derivatives 2026/10/09: Retest of the previous low
In the next session, the 1,860–1,880 zone will act as strong short-term support (it coincides with the August 2026 low), while the 1,940–1,960 zone will act as strong resistance.October 9, 2026

Market commentary 2026/10/08: Selling pressure returns
The market declined alongside lower trading liquidity, indicating that selling pressure was not particularly strong, while capital flows remained cautious. Although the index stayed in negative territory, buying demand emerged at lower price levels and partially absorbed selling pressure during the session, helping to limit the downside. However, the improvement in buying demand remained insufficient to generate a meaningful recovery, while selling pressure had yet to be fully alleviated, leaving downside risks present in the short term.October 8, 2026

Derivatives 2026/10/08: Bearish Engulfing pattern
The downtrend may return with the Bearish Engulfing pattern. Therefore, traders should wait for further confirmation signals before they reopen Short positions in the next session.October 8, 2026

40W26: SBV resumes net absorption while USDVND holds firm
During 40W26, the SBV returned to net liquidity drainage via repos as heavy maturities came due, prompting the ultra-short overnight rate to rebound while term rates cooled broadly across the curve amid subdued money market turnover. In the government bond market, secondary yields held largely steady as trading activity moderated, while primary auction issuance slowed considerably, though cumulative progress remained well ahead of last year’s pace. On the FX front, the domestic USDVND exchange rate edged up marginally but remained well-anchored below the key 26,000 threshold, weathering headwinds from broader greenback strength and persistent foreign equity net selling as the U.S. dollar trimmed its gains late in the week.October 7, 2026

Market commentary 2026/10/07: Late-session reversal
The market gained alongside higher trading liquidity, indicating that buying demand emerged at lower price levels and partially absorbed selling pressure during the session. However, to assess the reliability of this recovery, the index's subsequent performance will need to be monitored, particularly its ability to break above key moving averages.October 7, 2026
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Market commentary 2026/10/15: Low trading liquidity
The market continued to decline amid subdued liquidity, indicating that trading sentiment remained cautious and buying demand had yet to show clear signs of improvement. Although the index fluctuated within a narrow range, selling pressure remained dominant, preventing a meaningful recovery. This suggested that the market still lacked sufficient momentum to establish an upward trend, while correction pressure had yet to fully subside.October 15, 2026

Derivatives 2026/10/15: A new low
The short-term downtrend remains intact. Therefore, traders may reopen short positions in the next session.October 15, 2026

Market commentary 2026/10/14: Market consolidation
The VNIndex extended its losing streak to five consecutive sessions, indicating that cautious sentiment continued to weigh on market performance. In addition, this week marks the expiry of index futures contracts, which may contribute to heightened market volatility and encourage investors to remain cautious about opening new positions. With selling pressure showing no clear signs of easing, the market still lacks sufficient momentum to establish a convincing recovery.October 14, 2026

Derivatives 2026/10/14: Low liquidity
The short-term downtrend remains intact. Therefore, Traders may reopen short positions in the next session.October 14, 2026

Derivatives 2026/10/13: Retest of the Aug 2026 low
The short-term downtrend remains intact. Therefore, traders may reopen short positions in the next session.October 13, 2026

Market commentary 2026/10/13: Early-week weakness
The market remained under pressure, with the VNIndex recording its fourth consecutive declining session, indicating that selling pressure persisted without clear signs of easing. The index continued to face downward pressure, while buying demand remained insufficient to support a sustainable recovery. As a result, the short-term trend remained relatively weak, with no significant signs of improvement.October 13, 2026

Covered warrant 2026/10/13: Cautious sentiment persists
During the week, sentiment in the covered warrant market remained cautious, as the number of warrants declining in price continued to outweigh those advancing. This was consistent with the underlying market, where the VNIndex fell 0.1%, marking its third consecutive weekly decline. The continued weakness suggested that correction pressure remained present, while investor sentiment had yet to show clear signs of improvement.October 13, 2026

Market Trader 2026/10/13: Record-high foreign net selling since the start of the year
Foreign investors continued to record strong net selling during the week, with total net sales reaching VND13.9tn, up sharply by 182.9% from the previous week. This marked the highest level of foreign net selling since the beginning of the year.October 13, 2026

41W26: SBV drains liquidity and USDVND eases
In 41W26, the SBV continued its net liquidity withdrawal for a second week as repo maturities exceeded new issuances. This cash drain pushed short-term interbank rates sharply higher, while longer tenors remained calm amid lower market turnover. Meanwhile, the domestic USDVND exchange rate dropped noticeably, bucking global greenback strength and absorbing heavy foreign net selling, backed by elevated interest rate differentials.October 12, 2026

Chart of the day 2026/10/12: A Bottom Signal?
The downtrend continues in the short term, but reversal signals have emerged. Therefore, investors should observe the market with caution and wait for signals that confirm the reversal before they open new positions.October 12, 2026

Market commentary 2026/10/12: Strong foreign net selling
The market continued to face correction pressure, with the VNIndex recording its third consecutive declining session alongside higher trading liquidity, indicating that selling pressure remained present and showed signs of intensifying. Notably, foreign investors continued to record strong net selling, adding further pressure to overall market performance amid cautious trading sentiment. Against this backdrop, investors should maintain a prudent equity allocation and continue monitoring subsequent market signals.October 12, 2026

Derivatives 2026/10/12: Signs of accumulation?
The short-term downtrend remains intact. Therefore, traders may reopen short positions in the next session.October 12, 2026

Strategic Insight - 10/2026: Imminent market recovery
We believe the market can consolidate and gradually recover in the final months of the year, supported by economic growth. In addition, historical statistics show that the period from the end of one year to the start of the next delivers the best investment returns of the year.October 11, 2026

September 2026: Corporate Bond issuance remained resilient in September
Vietnam’s corporate bond issuance reached VND63,057bn in September 2026, declining 3.4% mom but rising 53.8% yoy, bringing 9M26 issuance to VND431,242bn (+4.6% yoy). Banks remained the largest issuers, accounting for 63.4% of the market (VND39,993bn), followed by real estate at 33% (VND20,800bn). The weighted average coupon increased to 9.8%, with banking and real estate bonds averaging 8.9% and 11.3%, respectively. Issuance continued to concentrate in shorter maturities, with bonds of three years or less representing 59.9% of total issuance.October 9, 2026

Market commentary 2026/10/09: Rising correction risks
The market recorded another declining session as selling pressure remained dominant. Although buying demand was still present, it was insufficient to establish a balance against selling pressure, preventing the index from sustaining its recovery. With buying demand yet to show a more proactive stance and selling pressure not fully alleviated, the short-term market trend remained relatively weak.October 9, 2026

Derivatives 2026/10/09: Retest of the previous low
In the next session, the 1,860–1,880 zone will act as strong short-term support (it coincides with the August 2026 low), while the 1,940–1,960 zone will act as strong resistance.October 9, 2026

Market commentary 2026/10/08: Selling pressure returns
The market declined alongside lower trading liquidity, indicating that selling pressure was not particularly strong, while capital flows remained cautious. Although the index stayed in negative territory, buying demand emerged at lower price levels and partially absorbed selling pressure during the session, helping to limit the downside. However, the improvement in buying demand remained insufficient to generate a meaningful recovery, while selling pressure had yet to be fully alleviated, leaving downside risks present in the short term.October 8, 2026

Derivatives 2026/10/08: Bearish Engulfing pattern
The downtrend may return with the Bearish Engulfing pattern. Therefore, traders should wait for further confirmation signals before they reopen Short positions in the next session.October 8, 2026

40W26: SBV resumes net absorption while USDVND holds firm
During 40W26, the SBV returned to net liquidity drainage via repos as heavy maturities came due, prompting the ultra-short overnight rate to rebound while term rates cooled broadly across the curve amid subdued money market turnover. In the government bond market, secondary yields held largely steady as trading activity moderated, while primary auction issuance slowed considerably, though cumulative progress remained well ahead of last year’s pace. On the FX front, the domestic USDVND exchange rate edged up marginally but remained well-anchored below the key 26,000 threshold, weathering headwinds from broader greenback strength and persistent foreign equity net selling as the U.S. dollar trimmed its gains late in the week.October 7, 2026

Market commentary 2026/10/07: Late-session reversal
The market gained alongside higher trading liquidity, indicating that buying demand emerged at lower price levels and partially absorbed selling pressure during the session. However, to assess the reliability of this recovery, the index's subsequent performance will need to be monitored, particularly its ability to break above key moving averages.October 7, 2026
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Market commentary 2026/10/15: Low trading liquidity
The market continued to decline amid subdued liquidity, indicating that trading sentiment remained cautious and buying demand had yet to show clear signs of improvement. Although the index fluctuated within a narrow range, selling pressure remained dominant, preventing a meaningful recovery. This suggested that the market still lacked sufficient momentum to establish an upward trend, while correction pressure had yet to fully subside.October 15, 2026

Derivatives 2026/10/15: A new low
The short-term downtrend remains intact. Therefore, traders may reopen short positions in the next session.October 15, 2026

Market commentary 2026/10/14: Market consolidation
The VNIndex extended its losing streak to five consecutive sessions, indicating that cautious sentiment continued to weigh on market performance. In addition, this week marks the expiry of index futures contracts, which may contribute to heightened market volatility and encourage investors to remain cautious about opening new positions. With selling pressure showing no clear signs of easing, the market still lacks sufficient momentum to establish a convincing recovery.October 14, 2026

Derivatives 2026/10/14: Low liquidity
The short-term downtrend remains intact. Therefore, Traders may reopen short positions in the next session.October 14, 2026

Derivatives 2026/10/13: Retest of the Aug 2026 low
The short-term downtrend remains intact. Therefore, traders may reopen short positions in the next session.October 13, 2026

Market commentary 2026/10/13: Early-week weakness
The market remained under pressure, with the VNIndex recording its fourth consecutive declining session, indicating that selling pressure persisted without clear signs of easing. The index continued to face downward pressure, while buying demand remained insufficient to support a sustainable recovery. As a result, the short-term trend remained relatively weak, with no significant signs of improvement.October 13, 2026

Covered warrant 2026/10/13: Cautious sentiment persists
During the week, sentiment in the covered warrant market remained cautious, as the number of warrants declining in price continued to outweigh those advancing. This was consistent with the underlying market, where the VNIndex fell 0.1%, marking its third consecutive weekly decline. The continued weakness suggested that correction pressure remained present, while investor sentiment had yet to show clear signs of improvement.October 13, 2026

Market Trader 2026/10/13: Record-high foreign net selling since the start of the year
Foreign investors continued to record strong net selling during the week, with total net sales reaching VND13.9tn, up sharply by 182.9% from the previous week. This marked the highest level of foreign net selling since the beginning of the year.October 13, 2026

41W26: SBV drains liquidity and USDVND eases
In 41W26, the SBV continued its net liquidity withdrawal for a second week as repo maturities exceeded new issuances. This cash drain pushed short-term interbank rates sharply higher, while longer tenors remained calm amid lower market turnover. Meanwhile, the domestic USDVND exchange rate dropped noticeably, bucking global greenback strength and absorbing heavy foreign net selling, backed by elevated interest rate differentials.October 12, 2026

Chart of the day 2026/10/12: A Bottom Signal?
The downtrend continues in the short term, but reversal signals have emerged. Therefore, investors should observe the market with caution and wait for signals that confirm the reversal before they open new positions.October 12, 2026

Market commentary 2026/10/12: Strong foreign net selling
The market continued to face correction pressure, with the VNIndex recording its third consecutive declining session alongside higher trading liquidity, indicating that selling pressure remained present and showed signs of intensifying. Notably, foreign investors continued to record strong net selling, adding further pressure to overall market performance amid cautious trading sentiment. Against this backdrop, investors should maintain a prudent equity allocation and continue monitoring subsequent market signals.October 12, 2026

Derivatives 2026/10/12: Signs of accumulation?
The short-term downtrend remains intact. Therefore, traders may reopen short positions in the next session.October 12, 2026

Strategic Insight - 10/2026: Imminent market recovery
We believe the market can consolidate and gradually recover in the final months of the year, supported by economic growth. In addition, historical statistics show that the period from the end of one year to the start of the next delivers the best investment returns of the year.October 11, 2026

September 2026: Corporate Bond issuance remained resilient in September
Vietnam’s corporate bond issuance reached VND63,057bn in September 2026, declining 3.4% mom but rising 53.8% yoy, bringing 9M26 issuance to VND431,242bn (+4.6% yoy). Banks remained the largest issuers, accounting for 63.4% of the market (VND39,993bn), followed by real estate at 33% (VND20,800bn). The weighted average coupon increased to 9.8%, with banking and real estate bonds averaging 8.9% and 11.3%, respectively. Issuance continued to concentrate in shorter maturities, with bonds of three years or less representing 59.9% of total issuance.October 9, 2026

Market commentary 2026/10/09: Rising correction risks
The market recorded another declining session as selling pressure remained dominant. Although buying demand was still present, it was insufficient to establish a balance against selling pressure, preventing the index from sustaining its recovery. With buying demand yet to show a more proactive stance and selling pressure not fully alleviated, the short-term market trend remained relatively weak.October 9, 2026

Derivatives 2026/10/09: Retest of the previous low
In the next session, the 1,860–1,880 zone will act as strong short-term support (it coincides with the August 2026 low), while the 1,940–1,960 zone will act as strong resistance.October 9, 2026

Market commentary 2026/10/08: Selling pressure returns
The market declined alongside lower trading liquidity, indicating that selling pressure was not particularly strong, while capital flows remained cautious. Although the index stayed in negative territory, buying demand emerged at lower price levels and partially absorbed selling pressure during the session, helping to limit the downside. However, the improvement in buying demand remained insufficient to generate a meaningful recovery, while selling pressure had yet to be fully alleviated, leaving downside risks present in the short term.October 8, 2026

Derivatives 2026/10/08: Bearish Engulfing pattern
The downtrend may return with the Bearish Engulfing pattern. Therefore, traders should wait for further confirmation signals before they reopen Short positions in the next session.October 8, 2026

40W26: SBV resumes net absorption while USDVND holds firm
During 40W26, the SBV returned to net liquidity drainage via repos as heavy maturities came due, prompting the ultra-short overnight rate to rebound while term rates cooled broadly across the curve amid subdued money market turnover. In the government bond market, secondary yields held largely steady as trading activity moderated, while primary auction issuance slowed considerably, though cumulative progress remained well ahead of last year’s pace. On the FX front, the domestic USDVND exchange rate edged up marginally but remained well-anchored below the key 26,000 threshold, weathering headwinds from broader greenback strength and persistent foreign equity net selling as the U.S. dollar trimmed its gains late in the week.October 7, 2026

Market commentary 2026/10/07: Late-session reversal
The market gained alongside higher trading liquidity, indicating that buying demand emerged at lower price levels and partially absorbed selling pressure during the session. However, to assess the reliability of this recovery, the index's subsequent performance will need to be monitored, particularly its ability to break above key moving averages.October 7, 2026
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Market commentary 2026/10/15: Low trading liquidity
The market continued to decline amid subdued liquidity, indicating that trading sentiment remained cautious and buying demand had yet to show clear signs of improvement. Although the index fluctuated within a narrow range, selling pressure remained dominant, preventing a meaningful recovery. This suggested that the market still lacked sufficient momentum to establish an upward trend, while correction pressure had yet to fully subside.October 15, 2026

Derivatives 2026/10/15: A new low
The short-term downtrend remains intact. Therefore, traders may reopen short positions in the next session.October 15, 2026

Market commentary 2026/10/14: Market consolidation
The VNIndex extended its losing streak to five consecutive sessions, indicating that cautious sentiment continued to weigh on market performance. In addition, this week marks the expiry of index futures contracts, which may contribute to heightened market volatility and encourage investors to remain cautious about opening new positions. With selling pressure showing no clear signs of easing, the market still lacks sufficient momentum to establish a convincing recovery.October 14, 2026

Derivatives 2026/10/14: Low liquidity
The short-term downtrend remains intact. Therefore, Traders may reopen short positions in the next session.October 14, 2026

Derivatives 2026/10/13: Retest of the Aug 2026 low
The short-term downtrend remains intact. Therefore, traders may reopen short positions in the next session.October 13, 2026

Market commentary 2026/10/13: Early-week weakness
The market remained under pressure, with the VNIndex recording its fourth consecutive declining session, indicating that selling pressure persisted without clear signs of easing. The index continued to face downward pressure, while buying demand remained insufficient to support a sustainable recovery. As a result, the short-term trend remained relatively weak, with no significant signs of improvement.October 13, 2026

Covered warrant 2026/10/13: Cautious sentiment persists
During the week, sentiment in the covered warrant market remained cautious, as the number of warrants declining in price continued to outweigh those advancing. This was consistent with the underlying market, where the VNIndex fell 0.1%, marking its third consecutive weekly decline. The continued weakness suggested that correction pressure remained present, while investor sentiment had yet to show clear signs of improvement.October 13, 2026

Market Trader 2026/10/13: Record-high foreign net selling since the start of the year
Foreign investors continued to record strong net selling during the week, with total net sales reaching VND13.9tn, up sharply by 182.9% from the previous week. This marked the highest level of foreign net selling since the beginning of the year.October 13, 2026

41W26: SBV drains liquidity and USDVND eases
In 41W26, the SBV continued its net liquidity withdrawal for a second week as repo maturities exceeded new issuances. This cash drain pushed short-term interbank rates sharply higher, while longer tenors remained calm amid lower market turnover. Meanwhile, the domestic USDVND exchange rate dropped noticeably, bucking global greenback strength and absorbing heavy foreign net selling, backed by elevated interest rate differentials.October 12, 2026

Chart of the day 2026/10/12: A Bottom Signal?
The downtrend continues in the short term, but reversal signals have emerged. Therefore, investors should observe the market with caution and wait for signals that confirm the reversal before they open new positions.October 12, 2026

Market commentary 2026/10/12: Strong foreign net selling
The market continued to face correction pressure, with the VNIndex recording its third consecutive declining session alongside higher trading liquidity, indicating that selling pressure remained present and showed signs of intensifying. Notably, foreign investors continued to record strong net selling, adding further pressure to overall market performance amid cautious trading sentiment. Against this backdrop, investors should maintain a prudent equity allocation and continue monitoring subsequent market signals.October 12, 2026

Derivatives 2026/10/12: Signs of accumulation?
The short-term downtrend remains intact. Therefore, traders may reopen short positions in the next session.October 12, 2026

Strategic Insight - 10/2026: Imminent market recovery
We believe the market can consolidate and gradually recover in the final months of the year, supported by economic growth. In addition, historical statistics show that the period from the end of one year to the start of the next delivers the best investment returns of the year.October 11, 2026

September 2026: Corporate Bond issuance remained resilient in September
Vietnam’s corporate bond issuance reached VND63,057bn in September 2026, declining 3.4% mom but rising 53.8% yoy, bringing 9M26 issuance to VND431,242bn (+4.6% yoy). Banks remained the largest issuers, accounting for 63.4% of the market (VND39,993bn), followed by real estate at 33% (VND20,800bn). The weighted average coupon increased to 9.8%, with banking and real estate bonds averaging 8.9% and 11.3%, respectively. Issuance continued to concentrate in shorter maturities, with bonds of three years or less representing 59.9% of total issuance.October 9, 2026

Market commentary 2026/10/09: Rising correction risks
The market recorded another declining session as selling pressure remained dominant. Although buying demand was still present, it was insufficient to establish a balance against selling pressure, preventing the index from sustaining its recovery. With buying demand yet to show a more proactive stance and selling pressure not fully alleviated, the short-term market trend remained relatively weak.October 9, 2026

Derivatives 2026/10/09: Retest of the previous low
In the next session, the 1,860–1,880 zone will act as strong short-term support (it coincides with the August 2026 low), while the 1,940–1,960 zone will act as strong resistance.October 9, 2026

Market commentary 2026/10/08: Selling pressure returns
The market declined alongside lower trading liquidity, indicating that selling pressure was not particularly strong, while capital flows remained cautious. Although the index stayed in negative territory, buying demand emerged at lower price levels and partially absorbed selling pressure during the session, helping to limit the downside. However, the improvement in buying demand remained insufficient to generate a meaningful recovery, while selling pressure had yet to be fully alleviated, leaving downside risks present in the short term.October 8, 2026

Derivatives 2026/10/08: Bearish Engulfing pattern
The downtrend may return with the Bearish Engulfing pattern. Therefore, traders should wait for further confirmation signals before they reopen Short positions in the next session.October 8, 2026

40W26: SBV resumes net absorption while USDVND holds firm
During 40W26, the SBV returned to net liquidity drainage via repos as heavy maturities came due, prompting the ultra-short overnight rate to rebound while term rates cooled broadly across the curve amid subdued money market turnover. In the government bond market, secondary yields held largely steady as trading activity moderated, while primary auction issuance slowed considerably, though cumulative progress remained well ahead of last year’s pace. On the FX front, the domestic USDVND exchange rate edged up marginally but remained well-anchored below the key 26,000 threshold, weathering headwinds from broader greenback strength and persistent foreign equity net selling as the U.S. dollar trimmed its gains late in the week.October 7, 2026

Market commentary 2026/10/07: Late-session reversal
The market gained alongside higher trading liquidity, indicating that buying demand emerged at lower price levels and partially absorbed selling pressure during the session. However, to assess the reliability of this recovery, the index's subsequent performance will need to be monitored, particularly its ability to break above key moving averages.October 7, 2026